MICHIELSEN OPTIQUE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MICHIELSEN OPTIQUE
Largest movements
- Cash -€36,820
down €36,820 (-57.4%), from €64,145 to €27,325
mainly Net result for the year (-€22,195) and Tax, wage and social debts (-€17,625)
- Tangible fixed assets -€5,315
down €5,315 (-46.4%), from €11,459 to €6,144
of which Furniture and vehicles: -€4,585
- Receivables within one year -€2,612
down €2,612 (-23.9%), from €10,910 to €8,298
of which Other amounts receivable: -€4,412
- Profit (loss) carried forward -€22,195
down €22,195, from €19,018 to -€3,177
- Tax, wage and social debts -€17,625
down €17,625 (-73.3%), from €24,055 to €6,430
of which Taxes: -€15,555
- Other debts -€5,597
down €5,597 (-18.7%), from €29,876 to €24,279
- Gross operating margin -€44,654
down €44,654, from €31,059 to -€13,595
- Taxes -€3,763
down €3,763 (-60.7%), from €6,195 to €2,432
- Depreciation -€3,140
down €3,140 (-37.1%), from €8,455 to €5,315
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,209 | €41,792 | -€45,417 | -52.1% |
| Fixed assets | 21/28 | €11,484 | €6,169 | -€5,315 | -46.3% |
| Tangible fixed assets | 22/27 | €11,459 | €6,144 | -€5,315 | -46.4% |
| Furniture and vehicles | 24 | €4,882 | €297 | -€4,585 | -93.9% |
| Other tangible fixed assets | 26 | €6,577 | €5,847 | -€730 | -11.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €75,725 | €35,623 | -€40,102 | -53.0% |
| Amounts receivable within one year | 40/41 | €10,910 | €8,298 | -€2,612 | -23.9% |
| Trade receivables | 40 | €5,116 | €6,916 | +€1,800 | +35.2% |
| Other amounts receivable | 41 | €5,794 | €1,382 | -€4,412 | -76.1% |
| Cash at bank and in hand | 54/58 | €64,145 | €27,325 | -€36,820 | -57.4% |
| Deferred charges and accrued income | 490/1 | €670 | - | -€670 | |
| Total equity and liabilities | 10/49 | €87,209 | €41,792 | -€45,417 | -52.1% |
| Equity | 10/15 | €33,278 | €11,083 | -€22,195 | -66.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,018 | -€3,177 | -€22,195 | |
| Amounts payable | 17/49 | €53,931 | €30,709 | -€23,222 | -43.1% |
| Amounts payable within one year | 42/48 | €53,931 | €30,709 | -€23,222 | -43.1% |
| Taxes, remuneration and social security | 45 | €24,055 | €6,430 | -€17,625 | -73.3% |
| Taxes | 450/3 | €21,555 | €6,000 | -€15,555 | -72.2% |
| Remuneration and social security | 454/9 | €2,500 | €430 | -€2,070 | -82.8% |
| Other amounts payable | 47/48 | €29,876 | €24,279 | -€5,597 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,455 | €5,315 | -€3,140 | -37.1% |
| Other operating charges | 640/8 | €695 | €772 | +€77 | +11.1% |
| Gross operating margin | 9900 | €31,059 | -€13,595 | -€44,654 | |
| Operating profit (loss) | 9901 | €21,909 | -€19,682 | -€41,591 | |
| Financial income | 75/76B | €275 | €42 | -€233 | -84.7% |
| Recurring financial income | 75 | €275 | €42 | -€233 | -84.7% |
| Financial charges | 65/66B | €112 | €123 | +€11 | +9.8% |
| Recurring financial charges | 65 | €112 | €123 | +€11 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €22,072 | -€19,763 | -€41,835 | |
| Income taxes | 67/77 | €6,195 | €2,432 | -€3,763 | -60.7% |
| Profit (loss) for the period | 9904 | €15,877 | -€22,195 | -€38,072 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,877 | -€22,195 | -€38,072 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.